Pinellas Utility Board v. Florida Power Corp.

ORVIL L. DAYTON, Jr., Circuit Judge.

On May 25, 1950 Florida Power Corporation (hereafter referred to as “the corporation”) brought suit against Pinellas Utility Board (hereafter referred to as “the board”) alleging that the rates to be charged by the corporation for electricity consumed by users in Pinellas County, as prescribed in the board’s resolution no. 51, were so low as to be confiscatory. The bill prayed for an injunction restraining the board from putting into effect the proposed rates. As a condition for the issuance of a temporary restraining order the corporation was required to…